Altron's turnaround gathers pace
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Altron's CEO Mteto Nyati says that the group's turnaround is complete.
Once a JSE top-40 stalwart, Altron lost favour with investors after a series of strategy blunders. Managerial missteps under founder Bill Venter’s heirs, Robbie and Craig, eventually drove Altron, and its one-time listed subsidiary Altech, from the JSE’s blue-chip index before its recent resurrection at the hands of CEO Mteto Nyati.
Business Day TV sat down with Nyati to find out where to from here for Altron.
Once a JSE top-40 stalwart, Altron lost favour with investors after a series of strategy blunders. Managerial missteps under founder Bill Venter’s heirs, Robbie and Craig, eventually drove Altron, and its one-time listed subsidiary Altech, from the JSE’s blue-chip index before its recent resurrection at the hands of CEO Mteto Nyati.
Business Day TV sat down with Nyati to find out where to from here for Altron.